Investors made huge losses after foreign institutions reportedly withdrew billions of dollars to leave Indian stocks limping and with little chance to fight back
Debt looms as a terrifying spectre. Zombie companies or corporate underachievers have doubled and even the biggest of business empires like Reliance Industries are worried and hassled
Finance Minister Nirmala Sitharaman has to seek solutions to macroeconomic concerns. But these need to be married with problems related to viable farm incomes, stress on the informal sector, largely small and medium businesses, and the struggles of the underprivileged.
The first cricket tour of England by an Indian team in 1911 reflected the zeitgeist—the constrasting pulls of nationalism and religious/caste identities
One of the major problems that startups face relates to their valuations, as these companies are unlisted and at the investment stage, i.e. they gobble up cash without earning profits.
India Budget 2019: Expect this Budget to be growth-oriented, with a special focus on MSMEs – not only through incentives and sops but also through creation of an ecosystem that will enable them to become large in a short span.
Four trends shaped the politics of the middle class over the past four decades. These include reforms and job opportunities, a drastic reduction in central subsidies, Demographic Dividend, and socio-economic activism.
So why did the FM seem to be echoing the old refrain of a 1980s' socialist tune? Unfortunately, two of India's greatest reformers have been saddled with heavy political baggage. Updates
The FM may say that the fundamentals of the Indian economy are still good – and they are – and nothing has changed in the past few days – and it hasn't really, so what spooked the markets and accounts for the biggest intra-day fall ever?
No, Eswaran is not a philosopher or a sage. He's just someone who knows how to use ancient philosophical teachings to improve his group's financial performance.
The Budget was never an economic statement of the government in power. But now, it's not even a policy statement. It's become more of a ritualistic philosophical statement in an essentially political document.
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